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Fill out Cashflows given the information below A building that originally cost $68,000, and which was three-fourths depreciated, was sold for $15,000. The common stock
Fill out Cashflows given the information below
- A building that originally cost $68,000, and which was three-fourths depreciated, was sold for $15,000.
- The common stock of Byrd Corporation was purchased for $4,000 as a long-term investment.
- Property was acquired by issuing a 15%, seven-year, $10,000 note payable to the seller.
- New equipment was purchased for $30,000 cash.
- On January 1, 2021, bonds were sold at their $30,000 face value.
- On January 19, Dux issued a 5% stock dividend (1,000 shares). The market price of the $10 par value common stock was $14 per share at that time.
- Cash dividends of $13,000 were paid to shareholders.
- On November 12, 1,000 shares of common stock were repurchased as treasury stock at a cost of $10,000.
( $ in thousands) Cash flows from operating activities: Cash inflows: Cash outflows: Net cash flows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{ Net increase (decrease) in cash } & & \\ \hline Cash balance, January 1 & & \\ \hline Cash balance, December 31 & & \\ \hline Noncash investing and financing activities: & & \\ \hline & & \\ \hline \end{tabular}
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